Summary of Key Information:
Series: EQ
Nature of Filing / Announcement: Outcome of Board Meeting regarding fundraising proposal under Regulation 30 of SEBI LODR
Date of Board Meeting / Approval: 16th June 2026
Meeting Timing: Commenced at 5:00 PM IST and concluded at 6:00 PM IST
Corporate Actions:
The Board of Directors has approved the proposal to raise funds, subject to requisite statutory, regulatory and shareholder approvals. The fundraising is currently at an exploratory stage and may be undertaken through various instruments including:
- Equity shares
- Fully or partly convertible debentures
- Non-convertible debentures
- Warrants
- Preference shares
- Convertible preference shares
- Any other equity-linked instruments
- Debt securities
- Convertible debt securities
- Any combination of the above
The fundraising may be conducted in one or more tranches through permissible modes including:
- Public issue
- Preferential allotment
- Private placement (including qualified institutions placement)
- Any other method permitted under applicable laws